Standard RFID CARD RFID technology is more prone to provide businesses with complete visibility of the supply chains, which regularly stretch across countries, industries and firms,Per Gouthaman said.
There are growth-inhibiting challenges too, she said.
The technology is still considered disruptive to current business processes given it can demand a significant purchase of time and money.
Also, data from RFID typically provides true value only if it is integrated with back-end systems, which increases the money and time it will take to create RFID a more integral portion of business processes.
What's more, environmental factors affecting tags' accuracy still always thwart RFID's overall growth, although tag read rates have improved overall, she said.
The research highlights emerging RFID market trends, including the fact that the technology is increasingly popular with traditional bar code vendors.
"To be technically relevant to changing market demands, bar code manufacturers are beginning to offer RFID," Gouthaman said.
Printed RFID rfid inlay electronics and the mixture of sensors and passive RFID are starting to emerge in this area, too.
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